Beacon Investment Advisory Services Inc. Has $6.15 Million Stake in Invesco Ultra Short Duration ETF (NYSEARCA:GSY)

Beacon Investment Advisory Services Inc. boosted its stake in shares of Invesco Ultra Short Duration ETF (NYSEARCA:GSY) by 92.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 122,792 shares of the company’s stock after purchasing an additional 59,033 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Invesco Ultra Short Duration ETF were worth $6,153,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mutual Advisors LLC boosted its stake in Invesco Ultra Short Duration ETF by 40.1% in the fourth quarter. Mutual Advisors LLC now owns 35,010 shares of the company’s stock worth $1,757,000 after purchasing an additional 10,019 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Invesco Ultra Short Duration ETF by 24.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 127,504 shares of the company’s stock worth $6,389,000 after buying an additional 24,958 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in Invesco Ultra Short Duration ETF by 10.0% during the 4th quarter. Koshinski Asset Management Inc. now owns 5,174 shares of the company’s stock worth $259,000 after buying an additional 469 shares in the last quarter. Lionsbridge Wealth Management LLC increased its position in Invesco Ultra Short Duration ETF by 246.1% in the 4th quarter. Lionsbridge Wealth Management LLC now owns 58,432 shares of the company’s stock valued at $2,928,000 after acquiring an additional 41,549 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its stake in shares of Invesco Ultra Short Duration ETF by 36.9% in the fourth quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,439 shares of the company’s stock worth $874,000 after acquiring an additional 4,701 shares during the last quarter.

Invesco Ultra Short Duration ETF Trading Down 0.0 %

Shares of GSY stock opened at $50.03 on Thursday. Invesco Ultra Short Duration ETF has a 1 year low of $49.75 and a 1 year high of $50.37. The firm’s 50 day moving average is $50.12 and its 200-day moving average is $50.13.

About Invesco Ultra Short Duration ETF

The Invesco Ultra Short Duration ETF (GSY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index by investing in a diverse portfolio of investment-grade securities. GSY was launched on Feb 12, 2008 and is managed by Invesco.